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VOL. 125 | NO. 16 | Tuesday, January 26, 2010

Better Prospects

Investor optimistic about Oakhaven property

Real estate investor John Bogdasarian might be from Ann Arbor, Mich., but it didn’t take him long to discover that the intersection of American Way and South Perkins Road was once infamous for its proximity to the old Mall of Memphis.

School Funding Delay Could Rear Up Again

The Memphis City Council appears poised to pay the city school system $70 million despite voting two weeks ago to delay such a payment.

Consolidation Task Forces Begin Work

The Metro Charter Commission will begin a series of task force meetings this week on the various issues a proposed consolidation charter should address.

Ripley Hitches Its Wagon To Surrounding Counties’ Growth Efforts

RIPLEY, Tenn. – If this city in Northwest Tennessee wilted away on a vine, its demise would not be difficult to understand.

New Initiatives Seek to Make Memphis Healthier

William Ross of City Wide Taxi Cab Co. waits in a Kroger parking lot for a call from a grocery shopper on a Sunday afternoon.

Local Weather
Currently
Memphis, TN
61.0°F
Partly Cloudy
Wind: South at 15.0 mph
Humidity: 35%

EVENTS

Memphis immigration attorney Greg Siskind will moderate a three-part teleconference series on Haiti Immigration Relief Wednesday from 1 p.m. to 2 p.m. The teleconference will include immigration options for Haitians. For more information or to register, visit www.ilw.com/seminars/haiti.shtm#bios. Registration will close today at 10:59 a.m.

more events »

Local Scientists Pay More Attention To Documenting Research Tactics

Almost as fast as word got out in November that climate scientists had been cherry picking data and massaging results to support the contention of global warming, online message boards lit up.

Smith & Nephew Closes Deal On Former Harrah’s Office Building

7216 Goodlett Farms Road, Unincorporated Shelby County, Sale Amount: $14 Million -
Smith & Nephew Inc. has completed its $14 million purchase of the four-story office building at 7216 Goodlett Farms Road in unincorporated Shelby County near Cordova from Las Vegas-based Harrah’s Entertainment.

STATEWIDE

US High Court Declines to Hear Water Dispute

JACKSON, Miss. (AP) - The U.S. Supreme Court has declined to intervene in the state of Mississippi's claims that Tennessee's largest city is pumping too much water out of an aquifer shared by the two states.

High Rate of Infections in Hospitals, Report Says

NASHVILLE (AP) – A state report shows bacterial blood infections among the sickest patients in Tennessee hospitals was 20 percent higher than the national average in 2008.

STATE LEGISLATURE

Lawmakers to Begin Second Session of 106th Assembly

NASHVILLE, Tenn. (AP) - Tennessee lawmakers beginning the second session of the 106th General Assembly are mindful of their constitutional obligation to balance a budget that's facing a shortfall of nearly a billion dollars and expect to tackle only a few other major issues.

State Environmental Group Announces Legislative Agenda

NASHVILLE, Tenn. (AP) - Tennessee Conservation Voters say preserving water quality will be among their top priorities this legislative session.

REAL ESTATE

Dec. Home Sales Down Nearly 17 Percent

WASHINGTON (AP) – Sales of previously occupied U.S. homes saw their largest monthly drop in more than 40 years last month, sinking more dramatically than expected after lawmakers gave homebuyers additional time to use a tax credit.

NATIONAL BUSINESS

Economic Survey: Slow Recovery Continues

NEW YORK (AP) - Businesses expect to boost hiring and capital spending in the first half of the year as the U.S. recovery from the recession slowly continues, according to a new survey.

Obama Announces Initiatives for Middle Class

WASHINGTON (AP) - President Barack Obama on Monday offered help for people struggling to pay bills and care for their families, appealing to a middle-class he says has been "under assault for a long time."

More Senators Support Bernanke Confirmation

WASHINGTON (AP) - Support for Federal Reserve Chairman Ben Bernanke's confirmation for a second four-year term mounted Monday as the White House appeared to stanch opposition that had roiled the financial markets.

NATIONAL POLITICS

Top Senate Democrat Lays Out Deficit Curbs

WASHINGTON (AP) - The top Democrat in the Senate is proposing tough new budget rules that would make it much more difficult for Congress to extend emergency unemployment benefits and health insurance subsidies for laid-off workers.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 0 331 19,904
MORTGAGES 0 391 23,305
FORECLOSURE NOTICES 0 83 8,387
BUILDING PERMITS 0 338 40,366
BANKRUPTCIES 1 232 13,336
BUSINESS LICENSES 0 76 6,213
UTILITY CONNECTIONS 0 125 13,120
MARRIAGE LICENSES 0 94 4,936

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